Lithium-Sulfur battery producer raises $200M in Series B round

Published: September 13, 2023

Startup Lyten raised $200 million in a Series B round to build up production of its lithium-sulfur battery cells. Stellantis, FedEx, Walbridge Aldinger Company, and Prime Movers Lab were among Lyten’s investors in this round.

Prime Movers Lab led the round for the California-based Lyten startup. Lyten was founded in 2015 and has raised over $410 in capital. The startup recognizes that lithium-ion batteries have made electrification possible and believes that lithium-sulfur will “make electrifying everything” into a reality…

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